From the following information, draw up a Trial Balance in the books of Shri M as...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
From the following information, draw up a Trial Balance in the books of Shri M as on 31st March, 2021: Particulars Capital Discount Allowed Carriage Outwards Return Inward Rent and Taxes Stock on 1st April 2020 Sundry Creditors Commission Received Cash at bank Stock on 31st March, 2021 Amount (3) Particulars 1,40,000 Purchases 1,200 Carriage Inward 2,300 Sales 300 Return Outwards 1,200 Plant and Machinery 15,500 Sundry Debtors 12,000 1,800 10,100 20,500 Investments Cash in Hand Motor Cycle Amount (3) 36,000 8,700 60,000 700 80,700 20,200 3,600 100 34,600 From the following information, draw up a Trial Balance in the books of Shri M as on 31st March, 2021: Particulars Capital Discount Allowed Carriage Outwards Return Inward Rent and Taxes Stock on 1st April 2020 Sundry Creditors Commission Received Cash at bank Stock on 31st March, 2021 Amount (3) Particulars 1,40,000 Purchases 1,200 Carriage Inward 2,300 Sales 300 Return Outwards 1,200 Plant and Machinery 15,500 Sundry Debtors 12,000 1,800 10,100 20,500 Investments Cash in Hand Motor Cycle Amount (3) 36,000 8,700 60,000 700 80,700 20,200 3,600 100 34,600
Expert Answer:
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date:
Students also viewed these accounting questions
-
A person is six feet tall. How tall must a vertical mirror be if he is able to see his entire length? [2000] (a) 3 ft (c) 7.5 ft (b) 4.5 ft (d) 6 ft
-
The Fashion Rack has a monthly accounting period. The firms chart of accounts is shown below and on the next page. The journals used to record transactions are the sales journal, purchases journal,...
-
An electron moves through space as a cosmic ray with a speed of 8.0 x 10 6 m /s 2 . On This location the Earth's magnetic field is perpendicular to the electron path and has a magnitude or modulus of...
-
Migration is a popular strategy among many species. Monarch butterflies migrate between the Sierra Madre mountains in Mexico and many locations across the USA and Canada. Answer the following...
-
A carrier wave of frequency 100 MHz is frequency-modulated by a sinusoidal wave of amplitude 20 volts and frequency 100 kHz. The frequency sensitivity of the modulator is 2.3 kHz per volt. (a)...
-
Consider one three-dimensional, time-dependent problem to illustrate the power of a Green's function solution. We are interested in doping a semi-infinite boule of initially pure, single crystal...
-
A distillation column with \(8.01 \mathrm{~m}\) of packing operating at total reflux separates methanol from ethanol at \(101.3 \mathrm{kPa}\). Average relative volatility is 1.69 . Methanol mole...
-
The general ledger of Berskshire Mountain Manufacturing Inc. showed the following credit balances on January 15: FICA Tax Payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
-
Which of the tollowings is are the weakness of the paytick period andiysen? A it does not take into account the timing of castiflow B. It recognizes cash flows that bocu after the poyodck wether D....
-
Jerry Stevenson is the manager of a medical clinic in Scottsdale, AZ. He wants to analyze patient data to identify high-risk patients for cardiovascular diseases. From medical literature, he learned...
-
Your division in considering two investment projects, each of which requires an up-front expenditure of $25 million. You estimate that the cost of capital is 10% and that the investments will produce...
-
Nurses have a duty to question discharge.
-
Corporate negligence A corporation itself owes duties to the general public and to its patients. Duties arise from statutes, regulations, principles of law developed by the courts, and the internal...
-
EMS lawsuits involving paramedics include, for example, the wrong dosage of drugs administered, inability to diagnose a patients extent of injury, and failure to transport a patient.
-
In cases where a medical staff members credentials are not screened properly, the healthcare organization can be held liable for injuries to patients as a result of the lack of investigation.
-
Describe the four common levels of EMS personnel: emergency medical responder, emergency medical technician, advanced emergency medical technician, and paramedic.
-
What role does access control play in operating system security, and how do models like discretionary access control (DAC) and mandatory access control (MAC) differ in their approaches to securing...
-
Tanaka Company's cost and production data for two recent months included the following: March April Production (units).........300................600 Rent.....................$1,800............$1,800...
-
The following transactions took place at Windmill Equipment Service. INSTRUCTIONS For each transaction, set up T accounts from the following list: Cash; Shop Equipment; Store Equipment; Truck;...
-
The following information relates to Ponte Manufacturing Companys workers compensation insurance premiums for 2016. On January 15, 2016, the company estimated its premium for workers compensation...
-
The Aristocrats Jewels, a retail business, started business on June 25, 2016. It keeps a $300 change fund in its cash register. The cash receipts for the period from June 25 to June 30, 2016 are...
-
The short-run supply curve of a perfectly competitive firm is a. its MC curve. b. its MC curve above the minimum point of AVC. c. its MC curve above the minimum point of ATC. d. none of the above.
-
Which of the following is true? a. Economic profits encourage the entry of new firms, which shift the market supply curve to the right. b. Any positive economic profits signal resources into the...
-
What are constant-cost industries?
Study smarter with the SolutionInn App